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November 13, 2020
From our urban infrastructures to the devices in our pockets, lighting can help us live safer lives
At Signify, sustainability is core to everything we do. Our business and consumer customers expect to work with companies that make a positive contribution. Operating sustainably is not at odds with our growth. In fact, it supports our growth, guiding our direction and is a source of competitive advantage.
With this in mind, we have identified five strategic areas where we will grow our business while furthering our contribution to brighter lives and a better world. These five growth areas are defined based on the major trends facing society, and on the United Nations Sustainable Development Goals. We’ve already written about Climate Action, Circularity, Availability and Health & Wellbeing. In this feature, we explore the topic of Safety and Security.
Urban lighting becomes even more powerful when it’s connected. Through systems like Signify’s Interact City platform, municipalities can control lights together, in groups, or individually from a central dashboard. Faults and outages can immediately be detected, reducing downtime.
And it’s easy to make quick adjustments; for example, increasing light levels to help first responders at the scene of an accident, or dimming lights in unused and empty areas.
The electricity saving from LED and connected systems makes a large infrastructure project of this sort very viable, and reducing consumption has a positive environmental impact, too. The immediate cost benefit, paired with innovative financing projects, has enabled us to bring connected lighting projects to 58 countries to date.
Of course, we also want to feel safe in our homes. We’re developing our consumer connected lightings brands, Philips Hue and WiZ. Timer activations on home lighting can help your house look lived-in, or lights can be paired with smart sensors, flooding your outdoor spaces with light when someone approaches.
It’s also extremely fast and reliable, and immune to radio signal interference. With more devices connecting to the Internet of Things, innovation that relieves this pressure on our radio networks is going to play an increasing role.
From the small nightlight in our child’s bedroom to connected systems that guide our emergency services, light can help us feel safe in the places where we spend our time.
Through continual commitment to innovation and a strategy that keeps our path sustainable, we bring light to the areas that will benefit us most.
Signify (Euronext: LIGHT) is the world leader in lighting for professionals, consumers and the Internet of Things. Our Philips products, Interact systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. In 2023, we had sales of EUR 6.7 billion, approximately 32,000 employees and a presence in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been in the Dow Jones Sustainability World Index since our IPO for seven consecutive years and have achieved the EcoVadis Platinum rating for four consecutive years, placing Signify in the top one percent of companies assessed. News from Signify can be found in the Newsroom, on X, LinkedIn and Instagram. Information for investors is located on the Investor Relations page.
